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hello my name is Nick Im legal counsel at legal notes and today well be talking about sounds as you probably know securitization is one of the main trends in the market right now but also selling securities is not an easy process if you get an authorization from financial Authority bubbleisha prospectus can abide by cumbersome securities legislation this is why were schema basalts simple agreement for future s most commonly known as South is a legally binding document it is used to sell button store trade investors but whats the difference between a Cottontail agreement and South you may ask well the answer to this question lies in the name of the document itself when using South Sea are not really purchasing documents youre purchasing future rights zillions of buttons and after a certain period of time when you execute a cell it will get a respective amount of buttons soft I used in jurisdictions where as our exemption from public placement rolls so you can sell securities to inv